At the risk of understatement, Obamacare is a mess. It’s been bad for taxpayers, bad for consumers, and bad for healthcare.
It’s even been bad for some of the special interest groups that backed the legislation. The big insurance companies supported the law, for instance, because they thought it would be good to have the government force people to buy their products.
And these corrupt firms even got a provision in the law promising bailouts from taxpayers if the Obamacare system didn’t work. Given the miserable track record of the public sector, that was probably a crafty move. But the companies mistakenly assumed their sleazy pact with Obama, Pelosi, and Reid was permanent. Fortunately, their Faustian bargain appears to be backfiring. Senator Marco Rubio has led the fight to stop bailouts for the big insurance companies.
Here are some excerpts from his recent column in the Wall Street Journal........To Read More....
FDR: Worse than Barack Obama, Maybe even Worse than Woodrow Wilson
Who is the worst President in U.S. history? No, regardless of polling data, the answer is not Barack Obama. Or even Jimmy Carter. Those guys are amateurs. At the bottom of the list is probably Woodrow Wilson, who gave us both the income tax and the Federal Reserve. And he was a disgusting racist as well. However, Wilson has some strong competition from Franklin Delano Roosevelt, who advocated and implemented policies that exacerbated the bad policies of Herbert Hoover and thus deepened and lengthened the Great Depression.
Today we’re going to look at a new example of FDR’s destructive statism. Something so malicious that he may actually beat Wilson for the prize of being America’s most worst Chief Executive.
Wilson, after all, may have given us the income tax. But Roosevelt actually proposed a top tax rate of 99.5 percent and then tried to impose a 100 percent tax rate via executive order! He was the American version of Francois Hollande. These excerpts, from an article by Professor Burton Folsom of Hillsdale College, tell you everything you need to know.......To Read More......
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